Are you wondering what the risks are of pricing your home too high? One part art, one part science, determining the correct selling price of your home is no easy task. Studies show that if you price your home too high from day one, you may end up selling for much less than if your home was priced well day one.
The Arizona market is different today than a few months ago. Depending on your area, your home may be worth less today than what similar homes closed for months ago. This has a lot to do with supply and demand and the higher interest rates making mortgage payments hundreds of dollars higher per month.
Who you hire to list your home is crucial right now!
Beware of an agent that tells you your home is worth much more than it is just to get your listing. An experienced agent will know how to run an accurate and honest analysis for you . . . to ensure you net the highest price possible at closing.
On a side note: Real estate is one of the only industry’s where clients know more than the professional 😂 like the patient knows more than the heart surgeon, can you imagine?
